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    Old Spanish Trl And Faith Dr Slidell, LA 70458

    For Sale
    Contact for pricing

    High-traffic corner lot, ideal for quick-service restaurant.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 85,813 square foot commercial land parcel in Slidell, Louisiana, presents a unique investment opportunity. Located at the intersection of Old Spanish Trail and Faith Drive, in St. Tammany Parish (zip code 70458), this property boasts a prime location within a rapidly developing area. Zoned for commercial use, it's perfectly suited for a quick-service restaurant (QSR) due to its high visibility and accessibility. The site benefits from significant traffic counts, further enhanced by the ongoing development of the nearby Town Center. This burgeoning area features a mix of retail, multi-family residential, hotels, warehouses, and distribution centers, creating a vibrant and growing market. The property's corner location provides excellent visibility and convenient access from the Town Center Parkway and the interstate corridor. Offered at $11 per square foot, this is a cash sale. The total sale price reflects a compelling value proposition given the property's location, size, and potential. Further site information and feasibility studies are available upon request.

    Property Features for 0 Old Spanish Trl And Faith Dr

    General Information

    Property type
    Land

    HighLights

    • Listing ID: 30827794
    • Status: Active
    • Vacant land for sale, suitable for retail development.
    • 85,813 square foot lot.
    • Asking price: $11 per square foot.
    • Cash sale only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Slidell
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -89.7714438
    Latitude
    30.2556288

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for quick-service restaurant.
    Where is this land located?
    The property is located at Old Spanish Trl And Faith Dr Slidell, LA.
    What are key features of this property?
    This property features: Listing ID: 30827794; Status: Active; Vacant land for sale, suitable for retail development.
    Request Owner's contact information
    Old Spanish Trl And Faith Dr Slidell, LA 70458
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Old Spanish Trl And Faith Dr Slidell, LA 70458
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